Economy
Related: About this forumRecession fears are flaring as Trump's trade war has markets behaving in a way...
not seen since the financial crisisRemember, fellow D's, "R stands for Recession" - historical fact. Do your due diligence.
Source: Business Insider, by Joe Ciolli
This dynamic is reflected in the chart above, which shows the so-called yield curve is not only flattening but nearing negative territory. If the two-year were to start yielding more than the 10-year a rare occurrence known as inversion it would signal that a recession is near, according to historical precedent.
More at: http://www.businessinsider.com/trade-war-could-cause-next-recession-fears-not-seen-since-financial-crisis-2018-6
Memorable moments of last R's watch in 2007-2008.
Remember that big tax break the R's gave us? The Dow does.
exboyfil
(17,863 posts)Defer all major purchases.
RKP5637
(67,111 posts)real estate deals/operations.
tonyt53
(5,737 posts)elleng
(130,974 posts)yallerdawg
(16,104 posts)quartz007
(1,216 posts)I see more possibility of inflation and over heated economy than a recession. Unless you have not visited a grocery store lately, you have not seen the inflation. Everything is up, including property taxes, sales taxes, utility taxes, doctor's bills, hospital bills, health insurance premiums, and HOUSING prices. Even interest rates are creeping upwards. And the gubbermint claims there are more job openings that workers available to fill them.
Yap, I see over-heating, not a recession.
yallerdawg
(16,104 posts)Pick your poison.
Yes, everything is just fine.
quartz007
(1,216 posts)based on largest tax cut in history with not a penny reduction in spending. That means biggest stimulus ever. That means a huge bubble is forming. This will not and can not end well. A prominent bank (Deutsche Bank?) has just been declared to have failed stress test by Federal Reserve.